NVIDIA to resume China AI chip sales
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Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.
Nvidia co-founder Jensen Huang should be praised for traveling to China this week in pursuit of expansion in what is a crucial market for all manner of blue-chip U.S. companies. A world that is economically interconnected is a much more peaceful one.
Nvidia Corp.’s Jensen Huang spent months telling everyone what a grave mistake the US was making restricting shipments of artificial intelligence processors to China — with little sign that his argument was swaying anyone.
Now, let's consider Jensen Huang's recent move. The CEO sold shares of Nvidia from July 8 through July 10, and that follows a sale of shares from June 18 through June 23.
1don MSN
"They don't need Nvidia's chips ... to build their military," Jensen Huang said in a CNN interview aired Sunday, days ahead of another trip to China.
Nvidia CEO Jensen Huang moved ahead of LVMH’s Bernard Arnault to become the world’s sixth-richest person as shares of the chipmaker rallied to an all-time high Tuesday, after the company said sales of its H20 AI chips would resume “soon” in China,
Nvidia CEO Jensen Huang will attend China's international supply chain expo this week and is expected to meet top Chinese officials, signaling the chipmaker's continued commitment to the Chinese market amid rising U.